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China moves rig from disputed Paracels

Thu, Jul 17, 2014 - 6:00 AM

Protecting their turf: Coastguard vessels from both sides near the Paracels. A Chinese rig found signs of oil and gas in the area. - PHOTO: REUTERS

[SHANGHAI] A Chinese oil rig has finished drilling near the disputed Paracel islands in the South China Sea after finding signs of oil and gas and is being moved away from the area, more than two months after its deployment damaged relations with Hanoi.The Vietnamese coastguard said the US$1